Business/Financial
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Business/FinancialRaytheon and Jenoptik Partner For Global Patriot Power Generators
Raytheon [RTN] and Germany’s Lechmotoren, a company of the Jenoptik Group, are partnering to produce advanced power generators for the Patriot air and missile defense system, Raytheon said on Friday. […]
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Business/FinancialBAE Exploring Sale Of U.S. Government Services Businesses
Britain’s BAE Systems plc on Friday said it is exploring the divestiture of its businesses in the United States that provide a range of intelligence, information technology (IT), and technical […]
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Business/FinancialTo Boost Tech Partnerships, DoD Opening Silicon Valley Office
At the same time new technological innovations have arisen that transform the economy of the United States and the lives of its citizens, these advances have also created risks, which […]
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Business/FinancialSales, Profits Dip At Raytheon In First Quarter
Raytheon [RTN] on Thursday posted declines in its top and bottom lines due to continued sluggishness in domestic defense spending, but the results were generally better than the company’s and […]
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Business/FinancialBoeing Rides Commercial Airplane Business, Defense Execution To Strong Opening Quarter
Boeing [BA] on Wednesday reported a strong start to its fiscal year posting double-digit earnings growth and solid sales driven by its commercial aircraft segment and bottom line performance at […]
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Business/FinancialUTC Posts Higher Profits As Sales Dip On Foreign Currency Impacts
United Technologies Corp. [UTX] on Tuesday posted strong earnings in its first quarter on operating profit gains at its building controls, climate and security segment and its businesses that make […]
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Business/FinancialSales, Earnings Slip At Lockheed Martin In First Quarter
Lockheed Martin [LMT] on Tuesday posted lower sales and earnings in its first quarter driven by a number of programs, but the company increased its earnings guidance for the year […]
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Business/FinancialAvondale Shipyard’s Fate Remains Unclear
Huntington Ingalls Industries [HII] announced April 20 that it has decided against forming a joint venture with energy infrastructure company Kinder Morgan Inc. [KMI] to redevelop HII’s Avondale naval shipyard […]
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Business/FinancialLockheed Names New VP for IS&GS Markets
Lockheed Martin has named Angie Heise as vice president of commercial markets for its Information Systems & Global Solutions (IS&GS) business area, the company said on Monday. Heise is replacing […]
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Business/FinancialWith Websense Deal, Raytheon Has No Qualms With Big Jump Into Commercial Cyber Market
Raytheon [RTN] on Monday said it will be forming a new business segment focused on the commercial cyber security market through its $1.9 billion pending acquisition of a majority share […]